Rodrigo Paz assumed Bolivia’s presidency in November 2025 after defeating the long-dominant Movement for Socialism in a runoff, ending two decades of one-party rule amid deep economic distress. Since spring 2026 his centrist government has confronted sustained protests and road blockades fueled by fuel-subsidy cuts, austerity measures, and shortages, with demonstrators explicitly calling for his resignation. Violence has produced multiple deaths and hundreds of arrests; Paz responded with salary reductions for himself and ministers, offers of dialogue, and U.S. diplomatic backing, while moving toward possible emergency powers. His alliance fared poorly in March subnational elections, and his vice president has publicly broken with him. These pressures—combined with legislative fragmentation and unresolved supply disruptions—shape trader assessments of removal risk in the near term, though scheduled negotiations or security interventions could still alter momentum before any fixed deadline.